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What type of economy is it where all economic decisions are based on age-old customs?

A traditional economy is where all economic decisions are based on age-old customs.


In a traditional economic what are the economic decisions based largely on?

Customs and traditions.


Economic decisions based on customs or beliefs are found in a?

Market economy


All economic decisions are based on age-old customs.?

traditional


What best illustrates the traditional economic system?

There are a few things that illustrate the traditional economic system. These include Amazon tribes, Aborigines, and a multitude of substainance groups. For OW its "label reading Made in China"


People barter and trade goods. Economic decisions are based on customs. Economies are usually rural and farm-based. Which economic system is described by the list A. mixed B. market C. traditional D. command?

c


Which of these describes a market economic system?

Economic decisions are based on supply and demand. A+


In a traditional economy what are the economic decisions based largely on?

In a traditional economy the economic decisions are largely based on custom. In all centrally planned economies the government makes all important economic decisions.Ê


What is an economic system where most economic decisions are based upon what has been done for generations?

traditional


What is a traditionalist-based economic system?

A tradition-based economic system is an economic system where economic decisions are based largely on cusom. The four economic questions are answered according to the traditions of the country. People produce and distribute goods in the ways that have been followed for hundreds of years by their ancestors.


What type of economy best fits this description All economic decisions are based on age-old customs.?

Traditional


Which type of economy are almost all economic decisions based on age-old traditions customs and beliefs with families working together for survival?

Traditional